https://www.taxtmi.com/caselaws?id=186456 Imported goods were correctly declared, but because the requisite drug import licence under Rule 23 of the Drugs and Cosmetics Rules, 1945 was not obtained, the goods remained liable to confiscation under Section 111(d) of the Customs Act, 1962. The importer's inability to secure the licence, the request for re-export, and the absence of deliberate evasion or mala fide conduct justified the reduction of redemption fine and penalty. In the absence of any rebuttal by the Revenue on mala fides or other valid grounds for enhancement, the reduction was upheld and no interference was warranted. en-us Mon, 05 Dec 2011 00:00:00 +0530 Mon, 19 Sep 2016 16:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186456 Imported goods were correctly declared, but because the requisite drug import licence under Rule 23 of the Drugs and Cosmetics Rules, 1945 was not obtained, the goods remained liable to confiscation under Section 111(d) of the Customs Act, 1962. The importer's inability to secure the licence, the request for re-export, and the absence of deliberate evasion or mala fide conduct justified the reduction of redemption fine and penalty. In the absence of any rebuttal by the Revenue on mala fides or other valid grounds for enhancement, the reduction was upheld and no interference was warranted. Case-Laws Customs Mon, 05 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186456